Aren’t they big enough already?
With Oscar nominees “The Revenant” and “The Big Short,” New Regency production company wants to figure out a way to take on the world, especially in television, so New Regency is teaming up with a TV company that knows a lot about the small-screen.
Lionsgate and New Regency, two Southland production companies, announced joint production and distribution agreements Tuesday.
The announcement by Los Angeles-based Regency and Santa Monica-based Lionsgate was timed to coincide with the opening day of a convention of the National Association of Television Program Executives in Miami.
“The long-term agreements reflect the continued growth of Lionsgate’s international library and worldwide television business, provide New Regency with access to Lionsgate’s television programming expertise and global distribution infrastructure, and enable the two studios to also develop and co- produce A-list talent-driven premium scripted series for global audiences,” a joint statement said.
The alliance includes a global pact under which Lionsgate Television will distribute New Regency’s new theatrical film releases “and prestigious library of critically acclaimed blockbusters on television and digital platforms around the world outside the U.S. and Canada following their pay television debut,” the statement said.
The global distribution pact encompasses New Regency’s “biggest hits,” including “The Revenant,” “The Big Short,” “Birdman,” and “Gone Girl,” it said. New Regency’s library also includes “Fight Club,” “Mr. Mrs. Smith,” “Under Siege,” “JFK,” “Natural Born Killers” and “The Client.”
The arrangement announced today includes a television production joint venture under which the two studios will partner in creating scripted series for global audiences, “capitalizing on the A-list talent relationships that New Regency has established in its film business as well as its deep pipeline of intellectual property,” it said.
The partnership also provides for a joint venture to develop projects from Lionsgate’s library, with Lionsgate slated to distribute the new series in all media worldwide.
—City News Service